3931 E Cottonwood Way, Wasilla AK 996541 / 50

$825,000

Active

3931 E Cottonwood Way

Wasilla AK 99654

RMG Real Estate Valley Office

4

Bedrooms

4

Bathrooms

3,557

Sq Ft

1996

Year Built

$232/sqft3-car garage1.24 acres lot

MLS# 26-4029· Listed Apr 17, 2026

Live MLS feed

About This Home

Welcome home to lakefront living!! Prepare to be awestruck as the morning sun rises behind unobstructed views of Pioneer Peak and Matanuska Peak. Imagine soaking in the hot tub listening to the calls of loons and swans, or sitting around a fire table on the deck as the Northern Lights dance overhead. Large windows throughout provide excellent natural light, and the walkout basement gives easy access to the large lawn leading down to 140 feet of lakeshore. As an added bonus, there is plumbing and electrical in place to easily add an ADU, wet bar or kitchenette in the downstairs area! Conveniently located just a stone's throw off Seward Meridian Parkway, this sprawling home offers not only 4 bedrooms and bathrooms, but several spacious living areas and more than enough storage space, as well as a bonus room and a theater room. You will love living here!!

Documents & insights

9 to review

16 documents from current & prior listings · parcel #2999B04L017.

AI Summary

Summary of 16 documents from this property's current and prior listings. 9 items worth reviewing, plus 33 additional facts captured.

A sample of what's in the documents

Worth a lookPrior listing — Closed Jun 2012

Document listed a known issue

The as built survey 2002 notes this item as a known issue. Exact wording from the document is quoted below.

structures shown are those visible at time of survey
View source — as built survey 2002
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Documents on this listing

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Property Details

Property TypeResidential
Full Baths4
Half Baths0
Garage Spaces3
ParkingAttached
Year Built1996
Lot Size1.24 acres
Parcel #2999B04L017
HOA Fee$600/Yearly
MLS #26-4029

Heating

Forced AirWoodNatural Gas

Interior Features

Den &/Or OfficeSaunaBR/BA on Main LevelJetted TubCentral Vac Rough-inSmoke Detector(s)Vaulted Ceiling(s)Granite CountersGas FireplaceMicrowave

Exterior Features

Airplane AccessGarage Door OpenerViewWaterfrontStorage

Appliances

DishwasherRefrigeratorDown Draft

Flooring

CarpetLuxury Vinyl

Sewer

Septic Tank

View

LakeUnobstructed

Price & Status History

4/17/2026
Listed for sale
$825,000+45.5%
$232/sqft
Source: AKMLS #26-4029
9/2/2019
Sold
$567,000+35.2%
$159/sqft
6/14/2012
Sold
$419,500
$118/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Jay Bruzas · RMG Real Estate Valley Office

Alaska MLS

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated May 2026.

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Greg Shepard

Greg Shepard

Real Estate Agent

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Mortgage Estimate

Down payment10% · $82,500
Interest rate7.0%
Loan term30 years

$4,940/mo

$742,500 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Greg Shepard

Dream Makers

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